According to a July 16 report from The Chosun Ilbo, Daewoo Shipbuilding & Marine Engineering said that it has signed a memorandum of understanding to acquire a 49% stake in South African shipping company Impinda.
(Source: The Chosun Ilbo)
Ocean cargo shipper Matson, Inc. said it is moving quickly to fund improvements in its new Alaska operations following its May 29 acquisition of Horizon Lines' Alaska services.
Thegrowth in oil and gas activity in Côte D’Ivoire has seen investment in standardized safety training in the region far outstrip that of other hydrocarbon-rich West African countries,
Offshore installation services provider Sea Trucks Group announced it has been awarded a charter contract for its accommodation construction vessel Jascon 31 to operate in the Gulf of Mexico,